Russia's equity market ended the day with little net movement, as the MOEX Russia Index closed unchanged. Trading produced a mix of winners and losers, with sectors such as oil transport and telecommunications posting modest advances while some materials names slipped.
Market close
At the close in Moscow, the MOEX Russia Index was unchanged at 0.00%.
Top performers
- Transneft PJSC Pref (MCX:TRNF_p) was the session's strongest mover, rising 0.65% or 9.00 points to finish at 1,386.00.
- Rostelekom PJSC (MCX:RTKM) added 0.44% or 0.25 points to close at 57.19.
- OK Rusal MKPAO (MCX:RUAL) gained 0.39% or 0.15 points to end the session at 38.76.
Largest declines
- PhosAgro PJSC (MCX:PHOR) led the losses, falling 2.20% or 162.00 points to close at 7,193.00.
- ROSSETI PJSC (MCX:FEES) unchanged 1.08% or 0.00 points to end at 0.07.
- Rosneft PJSC (MCX:ROSN) slipped 0.85% or 4.20 points to finish at 490.45.
By count, rising issues outnumbered decliners on the Moscow Stock Exchange, 130 to 100, while 12 stocks finished unchanged.
Volatility and commodities
The Russian Volatility Index - RVI, which reflects implied volatility on MOEX Russia Index options, was unchanged at 23.99.
Commodity markets saw notable moves during the session. Gold futures for June delivery rose 2.62% or 115.30 to $4,524.30 a troy ounce. In crude markets, the May delivery contract increased 5.46% or 5.16 to $99.64 a barrel, and the June Brent contract climbed 3.37% or 3.43 to trade at $105.32 a barrel.
Foreign exchange and dollar strength
On the currency front, USD/RUB moved up 0.15% to 81.50, while EUR/RUB remained unchanged at 93.81. The US Dollar Index Futures was up 0.27% at 99.98.
Information in this report reflects the session's closing quotes and commodity and FX levels as reported at the time of market close.